Trader Dale - intraday signals from profi trader
- Thread starter Trader Dale
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Quite some time ago I read a book by Kathy Lien called Day Trading and Swing Trading the Currency Market. I remembered one strategy that she wrote there. It was based on statistics, that there are rarely more than XX bullish/bearish days in a row. I think the number was around 10. So basically If you have for example 10 bearish days in a row you go long the 11th day. If it fails you go again the 12th day (long). I dont trade this strategy but I remembered it because this scenario happens now in some of the fx pairs.
I consider it a confirmation of my eur/usd swing long trade that I took from 1.0635 with SL 1.05. and of a quick nzd/usd trade that I took from 0.6985 and already took profit of 40 pips.
Do you guys like this simple strategy? Have you heard of it?
I consider it a confirmation of my eur/usd swing long trade that I took from 1.0635 with SL 1.05. and of a quick nzd/usd trade that I took from 0.6985 and already took profit of 40 pips.
Do you guys like this simple strategy? Have you heard of it?
Here are all November levels that I published and that were hit. Not that many this month because of the election but it was still a very good month! I hope you are all in a nice profit!
Intraday levels for 7.12.2016
PT 10 pips, SL 12 pips.
Happy trading
*I am a bit busy tomorrow so Iam posting my levels now instead of the usual time.
PT 10 pips, SL 12 pips.
Happy trading
*I am a bit busy tomorrow so Iam posting my levels now instead of the usual time.
Intraday levels for 8.12.2016
PT 10 pips, SL 12 pips.
Happy trading
*No trading EUR/USD today because of the Bid Rate decision for EUR.
PT 10 pips, SL 12 pips.
Happy trading
*No trading EUR/USD today because of the Bid Rate decision for EUR.
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